Librairie PAPYRUS
ActiveLibrairie PAPYRUS has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €220k and a net result of €115k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 41% of 4123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+6
Solvency53▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.28 in 2024; short-term debt: 66.2% and cash: 51.5% of total assets), and 71.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.2%
Return on assets
14.7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-11-2025, 155 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
155 d early
2024
146 d early
2023
160 d early
2022
155 d early
2021
123 d early
2020
21 d early
2019
136 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€115k▲ 59.3%
2024 · €72k
2018: €29k
2019: €31k
2020: €52k
2021: €133k
2022: €53k
2023: €102k
2024: €72k
2018 → 2025
Working capital
€180k▲ 25.9%
2024 · €143k
2018: €102k
2019: €105k
2020: €141k
2021: €113k
2022: €175k
2023: €129k
2024: €143k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€169k-€222k▲ 31.5%€174k▼ 21.8%€186k▲ 7.3%€220k▲ 17.9%
Operating result€180k-€77k▼ 57.2%€143k▲ 84.8%€103k▼ 27.6%€154k▲ 49.3%
Net result€133k-€53k▼ 60.1%€102k▲ 90.8%€72k▼ 29.2%€115k▲ 59.3%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 49% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €779k
Fixed assets
€83k▼ 13.4%
Current assets
€695k▲ 8.0%
Equity and liabilities €779k
Equity
€220k▲ 17.9%
Debt
€559k▲ 0.9%
The debt ratio falls from 74.8% to 71.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€172k▲
2024 · €122k
Cash flow
€133k▲
2024 · €90k
Solvency
28.2%▲
2024 · 25.2%
Current ratio
1.35▲
2024 · 1.28
Quick ratio
0.91▲
2024 · 0.82
Debt / equity
2.54▼
2024 · 2.97
ROE
52.1%▲
2024 · 38.6%
ROA
14.7%▲
2024 · 9.7%
Interest coverage
86.83▲
2024 · 29.70
Debt
€559k▲
2024 · €554k
Debt ≤ 1 year
€516k▲
2024 · €501k
Debt > 1 year
€43k▼
2024 · €52k
Income taxes
€42k▲
2024 · €31k
Staff costs
€184k▼
2024 · €205k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€740k€779k▲
Fixed assets21/28€96k€83k▼
Tangible fixed assets22/27€86k€74k▼
Land and buildings22€1k€1k▼
Plant, machinery and equipment23€75k€66k▼
Furniture and vehicles24€10k€7k▼
Financial fixed assets28€10k€10k=
Current assets29/58€644k€695k▲
Stocks and contracts in progress3€233k€228k▼
Stocks30/36€233k€228k▼
Amounts receivable within one year40/41€92k€61k▼
Trade receivables40€92k€61k▼
Cash at bank and in hand54/58€313k€401k▲
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€740k€779k▲
Equity10/15€186k€220k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€124k€158k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€648€648=
Distributable reserves133€118k€151k▲
Amounts payable17/49€554k€559k▲
Amounts payable after more than one year17€52k€43k▼
Financial debts170/4€52k€43k▼
Amounts payable within one year42/48€501k€516k▲
Current portion of amounts payable after more than one year42€9k€9k▲
Financial debts43€500€500=
Credit institutions430/8€500€500=
Trade debts44€369k€336k▼
Suppliers440/4€369k€336k▼
Advances received on contracts in progress46€7k€7k▲
Taxes, remuneration and social security45€57k€81k▲
Taxes450/3€19k€35k▲
Remuneration and social security454/9€38k€46k▲
Other amounts payable47/48€59k€81k▲
Income statement
Code20242025
Remuneration, social security and pensions62€205k€184k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€18k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€7k€1k▼
Other operating charges640/8€8k€8k▲
Gross operating margin9900€342k€366k▲
Operating profit (loss)9901€103k€154k▲
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€102k€157k▲
Income taxes67/77€31k€42k▲
Profit (loss) for the period9904€72k€115k▲
Profit (loss) for the period to be appropriated9905€72k€115k▲
Appropriation of the result
Profit (loss) to be appropriated9906€105k€115k▲
Profit (loss) brought forward from the previous period14P€33k-
Transfer from equity791/2-€41k
Transfer to equity691/2€45k€75k▲
To other reserves6921€45k€75k▲
Profit to be distributed694/7€59k€81k▲
Return on contributions (dividend)694€59k€81k▲
Social balance
Average headcount (FTE)90874.23.7▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
State Gazette act
Director discharge · Approval
Director resignation · Director reappointment
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-09
Financial
Equity above €200kEq €220k ▲17.9%
8 profitable years in a row build equity to €220k.
2024
05-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
22-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
26-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-09
Financial
Equity above €200kEq €222k ▲31.5%
5 profitable years in a row build equity to €222k.
2021
28-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
30-09
Financial
Highest result since 2018net €133k ▲156%
Operating result €180k, net result €133k, both a record.
30-09
Financial
Equity above €150kEq €169k ▲13.9%
4 profitable years in a row build equity to €169k.
09-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
16-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Bas de la Place(NR) 165000 NamurGround area
205 m²
Building footprint
63 m²
Volume, LiDAR
997 m³
Parcel 92094C0641/00E000, Wallonia · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Rue Bas de la Place(NR) 16, 5000 Namur
since 19982.089.580.334
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92094C0641/00E000 | Wallonia | 205 m² | 1 · 63 m² | 18.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 partyLibrairie PAPYRUSBE 0464.705.818
controls
Where this company holds controlthis company sits on their board1
1 location
Public money · subsidies and aid
Wallonia-Brussels Federation
2021 to 2025 · 28 entries · 46,479 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 3 | 9,085 EUR |
| 2024 | 1 | 6,516 EUR |
| 2023 | 2 | 5,885 EUR |
| 2021 | 22 | 24,992 EUR |
Budget allocations
Aides ponctuelles dans le domaine des langues, des lettres et du livre
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Of 601 companies in sector 47610 we hold annual accounts for 241. 183 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-12-1998
Fiscal year end30-09
Activities, NACEBEL
47610Retail trade
47620Retail trade
47621Retail sale of newspapers and periodicals
52470
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.